Tianjin Non Current Liabilities Other vs Non Current Assets Total Analysis

600082 Stock   3.25  0.02  0.62%   
Tianjin Hi financial indicator trend analysis is much more than just breaking down Tianjin Hi Tech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin Hi Tech is a good investment. Please check the relationship between Tianjin Hi Non Current Liabilities Other and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin Hi Tech Development. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Non Current Liabilities Other vs Non Current Assets Total

Non Current Liabilities Other vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianjin Hi Tech Non Current Liabilities Other account and Non Current Assets Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tianjin Hi's Non Current Liabilities Other and Non Current Assets Total is -0.18. Overlapping area represents the amount of variation of Non Current Liabilities Other that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Tianjin Hi Tech Development, assuming nothing else is changed. The correlation between historical values of Tianjin Hi's Non Current Liabilities Other and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Other of Tianjin Hi Tech Development are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Non Current Liabilities Other i.e., Tianjin Hi's Non Current Liabilities Other and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Liabilities Other

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Tianjin Hi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin Hi Tech current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin Hi Tech Development. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 25.3 M. The current year's Tax Provision is expected to grow to about 4.6 M
 2021 2022 2023 2024 (projected)
Cost Of Revenue798.8M389.6M335.2M592.1M
Total Revenue911.5M493.4M461.5M715.1M

Tianjin Hi fundamental ratios Correlations

0.30.870.860.010.360.220.44-0.330.10.92-0.230.870.84-0.830.89-0.85-0.19-0.230.260.20.27-0.20.07-0.010.27
0.30.370.220.010.590.580.16-0.410.280.080.430.30.21-0.190.12-0.21-0.39-0.43-0.10.38-0.08-0.390.220.10.25
0.870.370.57-0.040.40.010.44-0.40.010.78-0.20.940.56-0.530.64-0.55-0.33-0.30.210.440.23-0.330.140.070.54
0.860.220.57-0.090.260.380.09-0.060.190.81-0.230.510.98-0.970.95-0.970.14-0.010.28-0.180.270.05-0.18-0.270.07
0.010.01-0.04-0.090.02-0.010.52-0.50.570.040.060.11-0.090.2-0.120.11-0.51-0.17-0.750.54-0.75-0.40.670.84-0.34
0.360.590.40.260.020.670.18-0.20.320.030.290.370.28-0.290.14-0.32-0.140.01-0.180.35-0.17-0.140.110.220.14
0.220.580.010.38-0.010.67-0.10.010.31-0.10.60.00.41-0.410.24-0.410.090.15-0.04-0.15-0.060.13-0.13-0.09-0.13
0.440.160.440.090.520.18-0.1-0.67-0.030.47-0.150.670.09-0.010.14-0.08-0.67-0.55-0.160.68-0.12-0.610.770.690.02
-0.33-0.41-0.4-0.06-0.5-0.20.01-0.67-0.11-0.33-0.24-0.51-0.03-0.06-0.14-0.010.930.770.42-0.850.350.94-0.74-0.7-0.08
0.10.280.010.190.570.320.31-0.03-0.110.030.03-0.020.2-0.220.02-0.27-0.090.13-0.440.2-0.440.00.20.36-0.15
0.920.080.780.810.040.03-0.10.47-0.330.03-0.480.790.76-0.760.87-0.78-0.19-0.330.290.150.32-0.240.14-0.030.25
-0.230.43-0.2-0.230.060.290.6-0.15-0.240.03-0.48-0.16-0.230.25-0.250.25-0.28-0.06-0.220.13-0.23-0.11-0.070.16-0.14
0.870.30.940.510.110.370.00.67-0.51-0.020.79-0.160.49-0.480.59-0.51-0.45-0.390.180.520.2-0.390.290.260.4
0.840.210.560.98-0.090.280.410.09-0.030.20.76-0.230.49-0.940.91-0.950.140.070.31-0.170.280.09-0.17-0.270.07
-0.83-0.19-0.53-0.970.2-0.29-0.41-0.01-0.06-0.22-0.760.25-0.48-0.94-0.911.0-0.24-0.05-0.380.28-0.38-0.180.270.36-0.1
0.890.120.640.95-0.120.140.240.14-0.140.020.87-0.250.590.91-0.91-0.910.07-0.120.33-0.150.34-0.05-0.17-0.290.1
-0.85-0.21-0.55-0.970.11-0.32-0.41-0.08-0.01-0.27-0.780.25-0.51-0.951.0-0.91-0.19-0.02-0.310.22-0.32-0.140.210.27-0.08
-0.19-0.39-0.330.14-0.51-0.140.09-0.670.93-0.09-0.19-0.28-0.450.14-0.240.07-0.190.680.43-0.880.390.85-0.83-0.76-0.13
-0.23-0.43-0.3-0.01-0.170.010.15-0.550.770.13-0.33-0.06-0.390.07-0.05-0.12-0.020.680.1-0.580.00.84-0.53-0.36-0.23
0.26-0.10.210.28-0.75-0.18-0.04-0.160.42-0.440.29-0.220.180.31-0.380.33-0.310.430.1-0.520.990.4-0.54-0.710.23
0.20.380.44-0.180.540.35-0.150.68-0.850.20.150.130.52-0.170.28-0.150.22-0.88-0.58-0.52-0.48-0.830.770.830.23
0.27-0.080.230.27-0.75-0.17-0.06-0.120.35-0.440.32-0.230.20.28-0.380.34-0.320.390.00.99-0.480.33-0.5-0.690.24
-0.2-0.39-0.330.05-0.4-0.140.13-0.610.940.0-0.24-0.11-0.390.09-0.18-0.05-0.140.850.840.4-0.830.33-0.72-0.6-0.18
0.070.220.14-0.180.670.11-0.130.77-0.740.20.14-0.070.29-0.170.27-0.170.21-0.83-0.53-0.540.77-0.5-0.720.82-0.03
-0.010.10.07-0.270.840.22-0.090.69-0.70.36-0.030.160.26-0.270.36-0.290.27-0.76-0.36-0.710.83-0.69-0.60.82-0.2
0.270.250.540.07-0.340.14-0.130.02-0.08-0.150.25-0.140.40.07-0.10.1-0.08-0.13-0.230.230.230.24-0.18-0.03-0.2
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Tianjin Hi Account Relationship Matchups

Tianjin Hi fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9B3.1B2.8B2.8B2.9B2.6B
Other Current Liab154.3M175.6M58.0M257.6M1.6M1.5M
Total Current Liabilities916.5M1.1B914.8M930.1M1.0B904.0M
Total Stockholder Equity1.7B1.7B1.7B1.8B1.8B1.5B
Accounts Payable131.7M75.9M52.1M52.7M50.5M48.0M
Cash83.8M211.8M305.8M155.8M289.5M398.3M
Other Assets103.6M152.0M197.6M145.0M166.8M151.3M
Long Term Debt257M336.1M281.7M70.0M52.1M49.5M
Net Receivables29.3M6.1M66.2M135.9M168.9M177.3M
Inventory2.6B2.3B2.2B2.1B2.0B1.8B
Other Current Assets1.2M140.5M349.6K9.1M3.2M3.0M
Total Liab1.2B1.4B1.1B1.0B1.2B1.2B
Property Plant Equipment3.6M3.2M628.6K566.4K509.7K484.2K
Retained Earnings652.1M685.2M688.8M588.7M599.8M466.5M
Intangible Assets454.3K377.8K262.1K146.5K9.9K9.5K
Net Tangible Assets1.7B1.7B1.7B1.7B2.0B1.9B
Short Long Term Debt462M484M417M499.3M642.7M553.7M
Total Current Assets2.8B2.9B2.7B2.5B2.4B2.4B
Non Current Assets Total156.1M201.2M145.9M343.5M492.3M517.0M
Non Currrent Assets Other100.4M108.1M156.1M45.6M41.0M39.0M
Non Current Liabilities Total289.1M294.7M148.7M108.3M136.1M217.1M
Net Debt378.2M272.2M111.2M413.5M405.3M323.8M
Net Invested Capital2.2B2.2B2.2B2.3B2.5B1.9B
Net Working Capital1.8B1.8B1.8B1.5B1.4B1.4B

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Other Information on Investing in Tianjin Stock

Balance Sheet is a snapshot of the financial position of Tianjin Hi Tech at a specified time, usually calculated after every quarter, six months, or one year. Tianjin Hi Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tianjin Hi and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Tianjin currently owns. An asset can also be divided into two categories, current and non-current.